Commission House Broker

A commission house broker is an employee of a member organization and will execute orders for the member’s customers and for the member’s own account.

Two Dollar Broker

A two-dollar broker is an independent member who will execute orders for commission house brokers when they are too busy managing other orders.

 

Registered Traders

Related Articles
  1. Investing

    Picking your first broker

    If you're a rookie investor, choosing a broker may be your first big investment decision. Learn more on whether you should you go with a full-service broker or a discount broker.
  2. Trading

    Understanding order execution

    Find out the various ways in which a broker can fill an order, which can affect costs.
  3. Trading

    Is your forex broker a scam?

    While the forex market is slowly becoming more regulated, there are many unscrupulous brokers who should not be in business.
  4. Investing

    Brokerage Accounts, Explained

    Brokerages bring together customers or institutions and world financial markets. Here's everything to know about how they operate and what they do.
  5. Trading

    How Forex Brokers Make Money

    Forex brokers set their prices based on commission, spread, or a combination of both. Traders have to be cautious in the thinly regulated forex market.
  6. Trading

    Price Shading In The Forex Markets

    This practice puts brokers ahead of their clients, but it doesn't have to be a negative for traders.
  7. Financial Advisor

    How Brokerage Fees Work

    What you need to know about fees when choosing between a full service and discount broker.
  8. Personal Finance

    Research Report Red Flags For Brokers

    Discover how to look past analysts' ratings to find winning stocks for your clients.
  9. Investing

    5 Misconceptions About Discount Brokers

    While discount brokers are the perfect choice for some investors, their business model could be detrimental to others.
Frequently Asked Questions
  1. What is the formula for calculating earnings per share?

    Learn how to calculate earnings per share and why it's an important gauge in determining a stock’s value and a company's ...
  2. How does an IRA grow over time?

    Learn how the magic of compounding helps grow an individual retirement account (IRA). IRAs are one of the most proven ways ...
  3. Is the United States a Market Economy or a Mixed Economy?

    The United States is a mixed economy, combining elements of a true free market economy with governmental, economic controls.
  4. Nonconvertible debentures versus fixed deposits

    Nonconvertible debentures and fixed deposits are two different ways of investing money. Learn about the differences in how ...
Trading Center